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Government Restores 10% Import Duty on Lab Chemicals with Specific Conditions

The Central Board of Indirect Taxes and Customs (CBIC) has reinstated a 10% import duty on laboratory chemicals, modifying an earlier duty hike announced in the FY25 Union Budget to curb tax evasion. This concessional rate will apply only to genuine users who declare the intended end use of the imported chemicals. Importers failing to meet this requirement will be ineligible for the lower duty rate.

Conditions & Exemptions

Background & Industry Concerns

Scientific Community’s Response & Future Outlook